Monthly Insights

"Ideas shape the course of history." -John Maynard Keynes

January 2019 Monthly Insight – General Investing Principles

Posted by on Friday, January 4th, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“You’d be making a terrible mistake if you stay out of a game you think is going to be very good over time because you think you can pick a better time to enter it.” Warren Buffett General Principles It is worth restating, even in the context of a letter primarily focused on the year just past, our overall philosophy of investment advice. It is goal-focused and planning-driven, as sharply distinguished from an approach that is market-focused and current events-driven. Every successful investor we’ve ever known acted continuously on a plan;...

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December 2018 Monthly Insight – Diversification

Posted by on Saturday, December 1st, 2018 in Investing, Monthly Insights, Personal Finance | 0 comments

“You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.” —William J. Bernstein Diversification of an investment portfolio is a best practice for long-term investors. You may think of it as “not putting all your eggs in one basket,” although it involves a bit more than that. Diversification is a risk management practice that mixes a wide variety of non-correlated investments within a portfolio. Correlation, as it relates to your...

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November 2018 Monthly Insight: The October Effect

Posted by on Thursday, November 1st, 2018 in Business, Investing, Monthly Insights | 0 comments

“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” —Mark Twain Finally, the month of October is over.  What is it about the month of October?  The stock market crash in October 1929 ushered in the Great Depression.  On Black Monday, October 19, 1987, the S&P 500 Index lost 20.5%, although an economic calamity did not ensue.  During October 2008, the S&P 500 Index lost nearly 17%, the...

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October 2018 Monthly Insight: Becoming a Lifelong Student of Investing

Posted by on Wednesday, October 3rd, 2018 in Investing, Monthly Insights, Personal Finance, Retirement, Wealth Management | 0 comments

“Tell me and I forget. Teach me and I remember. Involve me and I learn.” —Benjamin Franklin Have you ever embarked on a home improvement project? You are confident you can complete the task, but you are unfamiliar with the details. You need guidance from an expert. That is where your local home improvement store comes into play. The employees not only know their craft exceedingly well but are excited to share their ideas. You can see it in their body language and the sparkle in their eyes when they explain the nuances of a project. Plus, they...

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September 2018 Monthly Insight: Discipline in the Face of a Record Bull Market

Posted by on Thursday, September 6th, 2018 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“This is the single greatest challenge long-term investors face: finding new reasons not to sell.” Michael Batnick, Director of Research, Ritholtz Wealth Management On August 22, 2018, the U.S. Stock market celebrated a bull run of 3,453-days.  This is the longest bull market ever.  That’s right.  After nearly 9½ years, the markets are still going strong. They have risen from 677 points during the deep, dark days of the great recession to 2,861.82 on Wednesday, August 22, to become the longest bull market in history.  Yet, before the end of...

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